National Retail Reaches New 52-Week High (NNN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- National Retail Properties (NYSE: NNN) hit a new 52-week high Friday as it is currently trading at $37.74, above its previous 52-week high of $37.56 with 80,224 shares traded as of 10:05 a.m. ET. Average volume has been one million shares over the past 30 days.

National Retail has a market cap of $4.3 billion and is part of the financial sector and real estate industry. Shares are up 19.7% year to date as of the close of trading on Thursday.

National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. The company has a P/E ratio of 37.2, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates National Retail as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, revenue growth, expanding profit margins and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full National Retail Ratings Report.

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